Tax on Credit note is not adjusted while paying in GSTR-3B

Save Share

This query is : Resolved

Quick Summary

This discussion addresses an issue where a credit note's IGST amount isn't automatically adjusted in GSTR-3B, leading to potential overpayment. While direct negative figures can't be entered, the advice suggests adjusting the credit note's IGST liability in a future month when IGST is payable. This allows for the correct reduction of tax owed, ensuring accurate GST filings.

rajat agarwal

rajat agarwal (Querist)
Follow

21 March 2022 In the current month there was credit note worth (-)10,000 and IGST of (-) 1,800 and there is no other IGST (B2B or B2C) amount. Another B2B Sale is of 20,000 CGST 1800 SGST 1800
Thus the Total GSTR-1 Figure is IGST -1,800, CGST 1,800, SGST 1,800.

But while filing the GSTR-3B there is no way to feed negative figure in any of the field so there has been a payment of 3,600 (As in GSTR-1 CGST 1800 SGST 1800) the Credit note figure of IGST -1,800 is not adjusted.

How can we rectify the excess payment of Tax.